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Friday, September 09, 2016

Economy: The times are confusing but we as an administration are not confused- Kemi Adeosun

Minister
of Finance, Kemi Adeosun says contrary to opinions by some Nigerians, this
administration is not confused as to how it intends to grow the economy.
According to Adeosun, the times may be confusing but the administration is not
confused. She said this while speaking with state House correspondents.

"We are here
because we were pumping the oil and using the money in recurrent expenditure.
We were not investing. The NBS statistics are clearly showing that the level of
investment has gone up so we are moving away from consumption to investment.What does investment do? It is permanent. If you build a road,
it is there for 40 years. These railways we want to revive was done in the
colonial years. and it is still there. So we have to invest in capital. That is
what this administration has said was our economic strategy. No we are not
confused. The times are confusing but we are not confused. We are extremely
focused. Know that if we can just bear and get through this difficult period,
Nigeria is going to be better for it. And I must say, those who are criticizing
us, not one person has come up and said this is what you should do. All they
are saying is we don't like what we see. And we don't like it either. It is
inevitable"she said